Key Highlights

  • Net loss was $8.3 million for the three months ended September 30, 2026.
  • Total swap Volume was $1.1 billion in the third quarter of 2026.
  • Gross transaction volume was $1.1 billion processed in the third quarter.
  • The company is on track to reduce combined annual costs by approximately $30 million going into 2027.

Exodus Movement, Inc. (NYSE American:EXOD) reported a net loss of $8.3 million for the three months ended September 30, 2026. The same period in 2025 was a net income.

Net Loss

For the three months ended September 30, 2026, net loss was $8.3 million. The comparable period in 2025 was a period of net income, according to the company's comparison. The company's report also includes net loss attributable to Exodus Movement, Inc. as a separate line.

The company reported a Partnership expense line in its results, along with other Operating Expense items, as set out in its consolidated statements.

Swap and Transaction Volume

Total swap volume was $1.1 billion in the third quarter of 2026. The company said that figure was lower than in the second quarter of 2026. Gross transaction volume was $1.1 billion processed in the quarter.

The company reported 4 million QFUs at the end of the third quarter, up 7.7% from the prior period.

Cost Reduction Plan

The company's update describes the cost reduction as part of its operating plan, and the timing is stated as going into 2027.

The company did not provide a breakdown of the cost categories included in the approximately $30 million reduction in the summary figures.

Final Word

Exodus Movement reported a third-quarter 2026 net loss of $8.3 million, total swap volume of $1.1 billion, gross transaction volume of $1.1 billion, a QFU count up 7.7% and a target of about $30 million in combined annual cost reduction going into 2027.